What exactly are TIFs?
Tax increment financing plans — otherwise known as TIFs — have been used as a funding mechanism for large-scale infrastructure projects for decades, but the concept is gaining popularity with potential developments around the Golden Triangle.
Council to hold hearing for hotel financing request
A Nov. 4 public hearing has been set for a $3.8 million tax increment financing plan for infrastructure improvements on what will be two new hotels going up near 18th Avenue North and Sixth Street North.
Supes approve funding for major retail development
Lowndes County supervisors agreed to their end of a tax increment financing project today that would bring two major retail chains to Columbus as early as next October.
LINK TIF request pushed to mid-October
A tax increment financing project request related to a retail development possibly coming to Columbus was pulled from today’s Lowndes County Board of Supervisors meeting agenda and will also be removed from Columbus councilmen’s Tuesday agenda.
Mill financing request not expected at aldermen meeting
An expected tax increment financing request by Columbus-based developer Mark Castleberry will have to wait at least one more month.
Starkville Mayor Parker Wiseman confirmed Monday Castleberry’s request would not be on today’s board of aldermen agenda.
Hotel Haven: Developer gets approval for third hotel
Visitors to Columbus will soon have another option for overnight lodging as a national chain is once again coming to the Friendly City.